30 Dec 2008 12:24 AM:
we have been looking to buy in spain for the last two years with prices dropping and the ex-rate being so bad have put all my cash in a fixed bond (done in august) at 5.75%.
have already booked my spainish holiday for next year and wouldnt go any where else.i am hoping that i can afford to get their in the end as its where i want to be,have just turned 41 already have my house paid for and a flat which returns £500 a month before x's.I think the pound will bounce back in the middle of next year to around 1.15 once the rest of the zone settles down.But the spainish market will take abit longer as its the reputation of the industry that has taken the biggest knock.
Happy new year to all
Tony
Thread:
Currency dilemma
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